80 @ Old Minden Rd, Bossier City, LA 71111
This exceptional 26-acre commercial land parcel is ideally situated in the heart of Bossier City's thriving commercial and retail districts, at the southwest corner of East Texas Street/US Hwy 80 and Old Minden Road. Boasting excellent visibility and accessibility, this property benefits from its proximity to I-20 (two blocks east of Exit 22, Airline Drive), ensuring high traffic exposure. With a daily traffic count of 26,464 vehicles on East Texas Street, this location offers unparalleled potential for a wide range of commercial ventures. The property features extensive frontage: approximately 1,226 feet along Hilton Drive/I-20 and 2,295 feet along East Texas Street/Highway 80 and Old Minden Road. It's fully wooded and zoned B-3 Commercial, providing flexibility for development. Conveniently served by city sanitary sewer mains (an 8-inch main runs along the north side of East Texas Street, with a connection at the northwest corner) and city water mains (a 12-inch main along the north side of East Texas Street and an 8-inch main at the southeast corner), this property is ready for immediate development. The asking price is $4,800,000, representing a price per acre of $184,694. This is a rare opportunity to acquire a premier commercial location in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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